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Mar 22, 2013
03/13
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CURRENT
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ceiling, increasing the debt ceiling is like putting your groceries on a credit card. when in reality it's the equivalent of not paying your bills. >> bill: certainly if they are going to stick to the ryan budget, they are going to have to sell it better this time around. chris moody from yahoo! news. and eric is here as a friend of bill. >> announcer: heard around the country and seen on current tv. this is the "bill press show." ♪ criticizing, and holding policy to the fire. are you encouraged by what you heard the president say the other night? is this personal or is it political? a lot of my work happens by doing the things that i am given to doing anyway. staying in tough with everything that is going on politically and putting my own nuance on it. not only does senator rubio just care about rich people but somehow he thinks raising the minimum wage is a bad idea for the middle class. but we do care about them, right? vo: the war room monday to thursday at 6 eastern i think the number one thing that viewers like about the young turks is that we're honest. they c
ceiling, increasing the debt ceiling is like putting your groceries on a credit card. when in reality it's the equivalent of not paying your bills. >> bill: certainly if they are going to stick to the ryan budget, they are going to have to sell it better this time around. chris moody from yahoo! news. and eric is here as a friend of bill. >> announcer: heard around the country and seen on current tv. this is the "bill press show." ♪ criticizing, and holding policy to the...
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Mar 21, 2013
03/13
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CNBC
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we were down two years ago when we had spain one and the first debt ceiling, we were down 10%. this week we're barely down at all, maybe a percent. every time we get through one of these and we will get through this, more and more investors become convinced that the category 10 earthquake has already happened. and long-dated assets like equities should be worth what we think they are worth based on long-term fair value assessments. we think the s&p should be trading 17, 18 times. >> let me get more personal, then, steve. are you a buyer, as we see any kind of cyprus-inspired dips like today, like recently, would you be a buyer? >> absolutely. we're recommending people be overweight eck witdquityequitie. that's what we would be doing here, mandy. i think jack's going to be waiting a long time. europe's going to have a series of these aftershocks, but it's part of the healing process. i think they will get through this cyprus thing. i think most european aren't even sure if cyprus is part of the eu. it's got this russian interest which makes it very unique. it's very different th
we were down two years ago when we had spain one and the first debt ceiling, we were down 10%. this week we're barely down at all, maybe a percent. every time we get through one of these and we will get through this, more and more investors become convinced that the category 10 earthquake has already happened. and long-dated assets like equities should be worth what we think they are worth based on long-term fair value assessments. we think the s&p should be trading 17, 18 times. >>...
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Mar 23, 2013
03/13
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CSPAN
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we have a debt ceiling. while they passed to budgets, they still have not gone to the whole process. we could continue with these stop-measures to keep the government from shutting down until eight -- an agreement is made. , go ahead.ssee caller: i would like her to define the word "politico." americanught government for the past 19 years and we are not governed by parties. we do not covered by the constitution. example which one is not mentioned in the constitution. if madison and hamilton thought it was important and washington thought it was important, it would have been in there. resolutions are non- binding. all it does is increase the burden of debt of my students who are now in debt probably $50,000 already. they have not graduated from high school already. households are in debt to the tune of $150,000 -- host: you have given us a lot to work with. what level do you teach? caller: high school. 12th graders? caller: yes, sir, u.s. government. guest: host: if you go to our website, you will find inform
we have a debt ceiling. while they passed to budgets, they still have not gone to the whole process. we could continue with these stop-measures to keep the government from shutting down until eight -- an agreement is made. , go ahead.ssee caller: i would like her to define the word "politico." americanught government for the past 19 years and we are not governed by parties. we do not covered by the constitution. example which one is not mentioned in the constitution. if madison and...
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Mar 21, 2013
03/13
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FBC
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obviously, corporate profits are up, but when you take into account our debt ceiling issues and then our -- obviously, o national debt and deficits -- neil: are they whistling past the graveyard? >> we'll have an adjustment. i hope not. i hope we continue to build incomes up, keep the corporate profits up, but unless we reform the tax code, unless we reform, obviously, the entitlement programs, unless we get debt and deficit and fiscal issues under control, we're in trouble. neil: senator, i thought you were swimming upstream in massachusetts. amazing, ted kennedy's seat, shocking, actually. maybe you set sights on a national stage where your argument resinates more among folks in the country. are you interested in that? >> i think you need people like me and others. you have rubio, portman, thune, good republicans, a lot of good democrats who bring a common sense approach to who we are -- neil: i know that, but would you specifically, scott brown? >> i'm not ruling anything out, but now i'm happy and honored to be a fox contributor. i'll recharge engines and bring my message to the
obviously, corporate profits are up, but when you take into account our debt ceiling issues and then our -- obviously, o national debt and deficits -- neil: are they whistling past the graveyard? >> we'll have an adjustment. i hope not. i hope we continue to build incomes up, keep the corporate profits up, but unless we reform the tax code, unless we reform, obviously, the entitlement programs, unless we get debt and deficit and fiscal issues under control, we're in trouble. neil:...
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Mar 18, 2013
03/13
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CSPAN
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eye 263
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the next speaker has been an outspoken advocate to not raise the debt ceiling so our children do not inherit a debt-ridden future. the next speaker has been outspoken for the unilateral repeal for obamacare. [applause] more so than anything else, our next speaker is one of the most courageous conservatives in the country. she stands for principle, she will oppose a republican just like she will oppose a democrat. she's fighting if the future of the country so my generation can prosper. ladies and gentlemen please join me in welcoming congresswoman michelle bachman. [applause] >> good morning. good to see you. good morning. love you too! good morning. welcome, everyone. thank you for that wonderful cpac early morning welcome. welcome to washington, d.c. the epicenter of care and compassion. it is a very unique city as you know. you have to show a photo i.d. in other words to have a white house tour then they turn around and demand you put away your i.d. before you vote for the man sitting in the white house. it is a city of care and compassion. i want to ask you an important question
the next speaker has been an outspoken advocate to not raise the debt ceiling so our children do not inherit a debt-ridden future. the next speaker has been outspoken for the unilateral repeal for obamacare. [applause] more so than anything else, our next speaker is one of the most courageous conservatives in the country. she stands for principle, she will oppose a republican just like she will oppose a democrat. she's fighting if the future of the country so my generation can prosper. ladies...
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Mar 22, 2013
03/13
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CSPAN
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eye 82
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it was only done as a result of the republican black male on the debt ceiling. ceiling does not taste do not spend more money. -- does not say do not spend more money. you cannot payy, the bills and have to pay the bills. otherwise the country defaults. you have to pay the bills. ceilingraised the debt 77 times since world war ii. in the end, you have a vote for it and everybody knew that. until now. if you increase the debt ceiling, you have to cut spending by an incredible amount over 10 years. they were going to make the false. -- to make as default for the congress voted for will $0.20 trillion specified in -- todeficias a percent of the eco. if you el ten del dollars on a credit card, as that a lot or a little? -- if you owe $10,000 on your credit card, is that a little or a lot? to look and how burdensome the debt is, you have to take a percentage is. we have reduced the debt as a from 10.1% togdp 5.3%. we have cut it in half. the fastest reduction in the deficit since the demobilization after world war ii. vote against the sequester. at the three have don
it was only done as a result of the republican black male on the debt ceiling. ceiling does not taste do not spend more money. -- does not say do not spend more money. you cannot payy, the bills and have to pay the bills. otherwise the country defaults. you have to pay the bills. ceilingraised the debt 77 times since world war ii. in the end, you have a vote for it and everybody knew that. until now. if you increase the debt ceiling, you have to cut spending by an incredible amount over 10...
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Mar 21, 2013
03/13
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FOXNEWSW
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ceiling debates, they are going to have to shut the government down. we still take in 2.7 trillion, will pay for medicare, social security, will pay off our debt, the full faith and credit of the united states, but isn't that the only way that ryan's budget gets done? >> no, no, not at all. ryan's budget, you know, we're going to have a series of sequential battles. what's going to happen is the democrats in the senate are going to ultimately pass some kind of a budget resolution. i doubt it's going to be like this one. republicans in the the house are going to pass the budget committee resolution and these set levels for all of the appropriations committee allowing for protection and that is to say you can have expedited consideration of appropriations bills that fall under that level. the republicans are going to pass bills that have spending lower than the democrats. the democrats are going to have bills, they're higher than the republicans and then we're going to fight it out bill by bill by bill by bill through the balance of the year and see a cl
ceiling debates, they are going to have to shut the government down. we still take in 2.7 trillion, will pay for medicare, social security, will pay off our debt, the full faith and credit of the united states, but isn't that the only way that ryan's budget gets done? >> no, no, not at all. ryan's budget, you know, we're going to have a series of sequential battles. what's going to happen is the democrats in the senate are going to ultimately pass some kind of a budget resolution. i doubt...
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Mar 21, 2013
03/13
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CSPAN
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we increased the debt ceiling. people do not understand what that is. it is foreiling says money you have already spent. if you owe money, you cannot pay the bills. you have to pay the bills. otherwise the country defaults. the treasury people tell us that would be catastrophic. so you have to pay the bills. we have raised the debt ceiling 77 signs -- times since world war ii. there is political demagoguery from whatever clinical party was in go the minority. at the end, there was a vote for it. they say if you increase the debt ceiling coming up to cut spending by an incredible amount. over 10 years. white 10 years? arbitrary. -- why over 10 years? arbitrary. 2.4 congress voted for $ trillion in cuts. 2 trillion -- the sequester makes no sense at all. from our point of view, we do not have a that crisis or deficit crisis. we have a jobs crisis. we have reduced the deficit. the only intelligent way to measure deficit is as a percent of the economy. . percent of gdp that is for a simple reason. if you owe $10,000 on your credit card, is that urban some o
we increased the debt ceiling. people do not understand what that is. it is foreiling says money you have already spent. if you owe money, you cannot pay the bills. you have to pay the bills. otherwise the country defaults. the treasury people tell us that would be catastrophic. so you have to pay the bills. we have raised the debt ceiling 77 signs -- times since world war ii. there is political demagoguery from whatever clinical party was in go the minority. at the end, there was a vote for...
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Mar 20, 2013
03/13
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CSPAN
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eye 131
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instweard looking for a showdown in the summer over the debt ceiling and that is something we can talk about another time but there is no real threat of a government shutdown that i see for this month. >> thanks for joining us for the update. >> sure. no problem. >> the head of immigration and customs enforcement testified day about 2,000 detained immigrants. that is next on c-span. then house republicans talk to reporters about the budget. then f.b.i. director talks about how they can end antiterror operations. 4 years ago today we began providing televised access. the c-span networks created by america at cable companies in 1979 and brought to you by your television provider. john morton who heads up immigration enforcement was asked about a house panel about the 2,000 illegal immigrants being held at detention centers. >> the judiciary committee will come to order and the chair has declare recesses of the committee at any time. i want to take the opportunity to make members aware of our new policy regarding participation in sub committee hearings. i was asked if members who are not
instweard looking for a showdown in the summer over the debt ceiling and that is something we can talk about another time but there is no real threat of a government shutdown that i see for this month. >> thanks for joining us for the update. >> sure. no problem. >> the head of immigration and customs enforcement testified day about 2,000 detained immigrants. that is next on c-span. then house republicans talk to reporters about the budget. then f.b.i. director talks about how...
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Mar 18, 2013
03/13
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CSPAN2
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eye 89
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and the republicans said, okay, we'll raise the debt ceiling is so the country doesn't default, but only if you agree to a dollar-for-dollar reduction in spending over the next decade. and so we got $2.5 trillion in spending restraint. not real cuts, spending less than obama had hoped in. in washington that's called a cut. if you wanted ten of something and you only got eight of something, you go i got cut too. actually, you walked away with eight. but, so that was a $2.5 trillion spending reduction over the next decade. it hasn't happened yet. we're still, we have several problems facing us. the trillion dollars in obamacare tax increases that hit this decade, that begin to hit now. oddly enough, the president and the democrats in the house and senate decided to put the tax increases, the bulk of them after the 2012 election. so everybody voted, and now the tax increases hit. it's not helpful for the economy, and i think it's going to be unpleasant for voters. >> host: ron's up next from watertown, south dakota, on the democratic line. good morning, ron. >> caller: good morning. >> gues
and the republicans said, okay, we'll raise the debt ceiling is so the country doesn't default, but only if you agree to a dollar-for-dollar reduction in spending over the next decade. and so we got $2.5 trillion in spending restraint. not real cuts, spending less than obama had hoped in. in washington that's called a cut. if you wanted ten of something and you only got eight of something, you go i got cut too. actually, you walked away with eight. but, so that was a $2.5 trillion spending...
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109
Mar 21, 2013
03/13
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CURRENT
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eye 109
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>> it would be only for a few months, so we still face the debt ceiling issue very shortly. >> bill: that comes up next and i think this extension goes until september if i recall seeing -- >> that's right. the end of the fiscal year uh-huh. >> bill: right. congress woman judy chew who represents the seat formerly hell by our good friend hilda solis. who often has come in studio with us. we look forward to seeing you come in the studio with us some day as well. on the issue of immigration reform, even rand paul came out and didn't go as far as the president, but he did say -- put himself in the camp of those who think it's time for immigration reform, dealing with that issue with those of us from southern california have been dealing with for a long time. are you optimistic about chances? >> i am optimistic in this time of people thinking of us being at a partisan strangle hold there is cooperation here. i was very encouraged about the work put out, i do believe that the immigration reform bill will move award. >> bill: if it moves ahead and republicans support it and they always sho
>> it would be only for a few months, so we still face the debt ceiling issue very shortly. >> bill: that comes up next and i think this extension goes until september if i recall seeing -- >> that's right. the end of the fiscal year uh-huh. >> bill: right. congress woman judy chew who represents the seat formerly hell by our good friend hilda solis. who often has come in studio with us. we look forward to seeing you come in the studio with us some day as well. on the...
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Mar 21, 2013
03/13
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CSPAN2
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eye 81
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and we agreed to raise the debt ceiling ceiling $2.1 trillion ae agreed to reduce spending over ten years, $2.1 trillion. before the ink was dry, the president was proposing to eliminate the cuts he agreed to. he's been fighting to eliminate those cuts from the beginning. and they're really not cuts. they're simply -- if they were properly applied, it would reduce the growth of spending and not cut spending actually at all. so the committee that was supposed to find all the cuts failed. the sequester came into law. it's an antimilitary provision. it was put in by jack lew, a very liberal member of the president's, at that time, chief of staff for offic office of mot and budget. the president seems to be quite happy to see these cuts fall on the defense department. he seems to be happy to have this happen. why do you say that? i say, because he's done nothing to philadelphia it. -- to fix it except demand something that he has no right to demand. that is, to violate this agreement and raise taxes and spend more. and that's not going to happen. congress is not going to vote to violate the a
and we agreed to raise the debt ceiling ceiling $2.1 trillion ae agreed to reduce spending over ten years, $2.1 trillion. before the ink was dry, the president was proposing to eliminate the cuts he agreed to. he's been fighting to eliminate those cuts from the beginning. and they're really not cuts. they're simply -- if they were properly applied, it would reduce the growth of spending and not cut spending actually at all. so the committee that was supposed to find all the cuts failed. the...